Top 10 YTD large cap stocks with a 5% or greater dividend yield

With the major market averages trading near all-time highs towards the end of Q1 2024, investors who may be looking for safety and income may want to focus on dividend stocks.

While the universe of dividend-based companies is vast, Seeking Alpha constructed a top 10 performing dividend list for the investment community. The criteria that was used to construct the list were stocks that were considered large cap names that offered at least a 5% dividend yield.

See below the top 10 performing names of 2024 that fit this mold.

No. 10: Altria Group (NYSE:MO) +9.7% YTD.

No: 9: Oneok Inc (NYSE:OKE) +9.8% YTD.

No: 8: NatWest Group (NWG) +10.6% YTD.

No: 7: American Financial Group (AFG) +12.9% YTD.

No: 6: Barclays plc (BCS) +13.9% YTD.

No: 5: Western Midstream Partners LP (WES) +14.6% YTD.

No: 4: Credicorp (NYSE:BAP) +14.7% YTD.

No: 3: Stellantis N.V. (STLA) +17.9% YTD.

No: 2: Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) +21.3% YTD.

No: 1: Joint Stock Company Kaspi.kz (OTC:KSPI) +24.2% YTD.

See each of the above-mentioned stocks dividend yields here: MO 9.02%, OKE 5.17%, NWG 6.30%, AFG 5.44%, BCS 5.16%, WES 9.09%, BAP 5.17%, STLA 6.12%, BBVA 6.19%, and KSPI 7.38%.

Additionally, investors looking for a more diversified approach to dividend investing, here are the six largest dividend-focused exchange traded funds on the market along with how each fund has performed in 2024.

• Vanguard Dividend Appreciation ETF (VIG) +5.4% YTD.
• Vanguard High Dividend Yield Index ETF (VYM) +4.8% YTD.
• Schwab US Dividend Equity ETF (SCHD) +3.6% YTD.
• iShares Core Dividend Growth ETF (DGRO) +5.6% YTD.
• SPDR S&P Dividend ETF (SDY) +1.9% YTD.
• iShares Select Dividend ETF (DVY) +1.8% YTD.